TKO Increases 2024 Revenue Target To $2.610B-$2.685B vs $2.66B Est.
Portfolio Pulse from Benzinga Newsdesk
TKO has raised its 2024 revenue forecast to a range of $2.610 billion to $2.685 billion, compared to the previous estimate of $2.66 billion.
May 08, 2024 | 8:54 pm
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TKO has increased its 2024 revenue outlook, now expecting revenues to be between $2.610 billion and $2.685 billion, which is higher than the market estimate of $2.66 billion.
Raising revenue forecasts typically indicates a company's strong performance and optimistic future outlook, which can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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